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Intangible Assets and Digital Assets (Tables)
 12 Months Ended
Jun. 30, 2024
Intangible Assets and Digital Assets [Abstract]  
Schedule of Intangible Assets Intangible assets consisted of the following:
   June 30,   June 30, 
   2024   2023 
Land use rights, net  $7,624,558   $7,862,624 
Trademarks   5,688,599    5,701,011 
Total  $13,313,157   $13,563,635 
Schedule of Land Use Rights and Trademarks The Land Use Rights consisted of the following:
   June 30,
2023		   Foreign Currency
Adjustment		   Amortization/
Subtraction		   June 30,
2024		 
Land use rights  $11,088,765    (24,141)   

-

   $11,064,624 
Less: accumulated amortization   (3,226,141)   

-

    (213,925)   (3,440,066)
Total land use rights, net  $7,862,624    (24,141)   (213,925)  $7,624,558 

 

On July 2, 2010, the Company acquired Gufeng and its wholly owned subsidiary Tianjuyuan. The preliminary fair value on the acquired trademarks and brand names was estimated to be RMB41,371,630 (or $5,688,599) and is subject to an annual impairment test.
   June 30,   Foreign Currency   June 30, 
   2023   Adjustment   2024 
Trademarks  $5,752,592    (12,524)  $5,740,068 
Less: accumulated amortization   (51,581)   112    (51,469)
Total trademarks, net  $5,701,011    (12,412)  $5,688,599 
Schedule of Estimated Amortization Expenses of Intangible Assets Estimated amortization expenses of intangible assets for the next five twelve months periods ended June 30, are as follows:
Years Ending June 30,   Expense
($)		  
2025     248,022  
2026     236,419  
2027     220,949  
2028     220,949  
2029     220,949  
Schedule of Company’s Significant Digital Asset Bitcoin Holding The following table presents the Company’s significant digital asset Bitcoin holdings as of June 30, 2024:
   Quantity   Cost Basis   Fair Value 
Bitcoin   0.86    56,394    53,693 
Total Bitcoin held as of June 30, 2024   0.86   $56,394   $53,693 
Schedule of Presents a Roll-Forward of Total Digital Assets (Including Digital Assets, Restricted) The following table presents a roll-forward of total digital assets (including digital assets, restricted) for the year ended June 30, 2024, based on the fair value model under ASU 2023-08:
   Fair Value 
Beginning Balance: Digital assets at June 30, 2023  $210,342 
Addition of digital assets, mining proceeds   1,282,420 
Addition of digital assets, other   339,567 
Disposition of digital assets   (1,825,770)
Realized gain (loss) on digital assets   49,834 
Unrealized gain (loss) on digital assets   (2,701)
Digital assets at June 30, 2024  $53,693